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HomeMy WebLinkAbout3338jf( S .3.339 ORDINANCE NO. MW, "An O1Xnan ^.e Authorizlrg - mr!ing a.nd Reissuanee of $99!N�S"b�- OutstandL:g •GG Hospital Warrants of the (;ity of Lit- debtedness evidenced thereby has been tle Rook." It shall be dated Whereas. There are outstanding � war- anei shall be payable on September 23, #rants of the, City of Little. Rock` 19:4. Sec. 2. Said warrants shall be issued ate amount of Pt'b.o - !! �'ed I. ui substtially the following form: an for , orlc and material on the new ( "it,, Series "A." osp tal, and there are not funds a hand No ...... .. S 1.000.00 n {,r their pannent; U\ iTPD STATES OF AMERICA. - Whereas, Said warrants have - Dre -. - STATE, OF ARKA \SAF.i , p'.nted to the O'T` and - reissuarica, CITY 017 LITTLE ROCK. � ,' rluested by the 7told-r ther2I and, - ISUNICIPA I. NOTE. z CWhereae, The'City Council of the. City (A Negotiable '':'arrant. l' tiof Little Rock has examined all the. factaj The City of Little Roci:, a municipal relative to the "indebtedness for which i corporation in the, COUTity of Pulaaki and such warrants sere '. -sued and *to the is- State of Arkansas, hereby acicno":edges suance of said v,-arrants and has found itself indabteti, and prom ses to pay and and does - hereby find, adjudge and de- clare that each of said warrants waa duly and properly Issued for a munic�yal pur- to the bearer the, sum of pose and that the said city has received r in the case of each of such warrants at C! least the face amount therpo f, and that - -1 the said warrants aggregating and the irdebledn ess represented there_ by are valid and that no part of. paid war -.'. :ants or !ndcbtedness has been paid; now, therefore. ,^, /^ � Ee it Ordained by the City Counc':1 of. !" the CIty of Little Rock, Arkansas, z - 'j (--- �•-¢,-0 follows: �C J Section 1. The said warrants shall be funded and reissued and the in- Gebtedness represented thereby eltndetj by the !psuance of - negotiable warrants of the City of Little Rock of an egnivalent face amount. Said new warrants shall h�7cnown as Series 'A." to be numbered from - inclusive. Each such warrant may bear the Inscription. " an teal note (a negotiable warran t f an 31,600 i •GG shall be of the denomination of debtedness evidenced thereby has been It shall be dated paid. The fuIL - faith, credit and resources anei shall be payable on September 23, 19:4. Sec. 2. Said warrants shall be issued I. ui substtially the following form: an punctual payment of this warrant in ac- Series "A." No ...... .. S 1.000.00 U\ iTPD STATES OF AMERICA. In vs-itnesa whereof, the sa;d City of - STATE, OF ARKA \SAF.i CITY 017 LITTLE ROCK. -- - ISUNICIPA I. NOTE. signed by its mayor and its corpora , a (A Negotiable '':'arrant. l' The City of Little Roci:, a municipal i corporation in the, COUTity of Pulaaki and , State of Arkansas, hereby acicno":edges itself indabteti, and prom ses to pay and ; the city treasurer is hereby ordered to pays to the bearer the, sum of ONE THOUSAND DOLLARS ($7.000) in lawful money of the United States of America. at the CHASE NATIHNAL BANK, New York City, on the 25th day ' of September, 1024. This warrant is issue3 pursuant to the 11.11 st itution and statutes of the State of the A including Act No. 353 of Acts ct,% of of Arkansas of 7917, 'and an ordi- nance adopted by 11, City Council of t11 � City of"Little Rock on yf,c thy,- p•vrpoze -of extending the payment Of evrtoin iu,lebtedness of said city, by eicliarlging outstanding warrants which were duly and properly issued, for muni- cipal purposes and for which the city ha:: received felt value equivalent to the Pace amount thereof: It is hereby certified and reaped that all ronditiops, acts and things required by the constitution and statutes of the State' of Arkansas to exist, be performed and happen precedent to or in the issuance of this warrant or the incurring of the indebtedness evidenced thereby have been properly done and performed in regular and due form as required by lair. and that saQd warrants and indebtedness, to- gether wi�tt�fl other indebtedness o[ the City of Little Rock, is within every debt and other limit prescribed b,• the con - sttlution or statutes of said state and that no part of said warrants or the in -i debtedness evidenced thereby has been paid. The fuIL - faith, credit and resources of said city are hereby pledged to the f/ punctual payment of this warrant in ac- cordance with its terms. In vs-itnesa whereof, the sa;d City of Lithe Rock has caueerl the warrant to be -- signed by its mayor and its corpora , a to be, hereunto affixedF an e5ted by 1b ®- city.. clerk, and t warrant to be dated- 192?. ................ Mayor. Attest: (Endorsement on Warrant.! It is hereby eertifted that this warrant is registered and rec•orued at line......... on page......... in (Warrant Bool; No....... kept in the office of the city clerk of the Cit' of Little Rock. City Clerk. It is hereby certified that this warrant. has been registered witn and recorded b�, the city treasurer of.the City of Little Rock on line ......... .9n page.':....... in Warrant Book No. ......... in the office of the city treasurer of the City of Little Fock. ........................ City Treasurer. (Certificate.) ill is is to certify 'hat the 'signs taros -d seal aupearing oar tine within "'[un!ci- pal Note of the City of Little Rock, Ark - „r­ are p.n 1.. , 'warrants, - and to Issue an - Iver sand *mints to the 1 s of said out - (atanding of warrants upon re, ceiving frgl Ingwar a Sag w•p ca�.celed by , "canceled upon issuance of and stamped new warrants hi exchange." Sec. /. This ordinance has the statu- tory effect of a judgm•, it determining . the validity of the indebtedness and of the warrrtits above recited. including the war- rants to ire issued; and '.he holder of any of said warrants may enter judg- inent thereon in any cot:rt having juris- diction of the pat tie,, upon presentict3' to such court both eix h Niarrant or warrants and a duly certified copy of this ordi- I nance, provided that such ,\arrant shall have been presented iior Paynteut at or after maturity, which taut may be c', denced Ly stateulent thereon signed by the city treasurer. - ordinance is hereb, deter- mine,{ to Lr an ordinance for the support and main .nan', of th ariuus Ura uu hes nt the n uni ipal goy urnent of the City of I it tic Rock. 11a­ d Appt o, ui / Attest) 1 c e